Global Foam Glass Market Research Report 2022

Foam Glass is a superior insulation material. It is characterized by small surface density, high strength, low thermal conductivity, heat resistance, anti-freeze-thaw resistance, low water absorption, no burning, sound absorption, good corrosion resistance and workability, not only widely used in petroleum, chemicals, refrigeration, defense and other fields, but also the construction of new energy-saving environmental protection, decorative materials.
Foam Glass is a block form and then fabricated into a wide range of shapes and sizes to satisfy industrial and commercial insulation requirements.
Market Analysis and Insights: Global Foam Glass Market
Due to the COVID-19 pandemic, the global Foam Glass market size is estimated to be worth US$ 941.2 million in 2022 and is forecast to a readjusted size of US$ 1428.4 million by 2028 with a CAGR of 7.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Black(Gray) Foam Glass accounting for % of the Foam Glass global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Cryogenic Systems segment is altered to an % CAGR throughout this forecast period.
Global Foam Glass key players include Corning, GLAPOR, Zhejiang DEHO, ZhenShen, REFAGLASS, etc. Global top five manufacturers hold a share nearly 60%.
China is the largest market, with a share about 45%, followed by Europe, and North America, both have a share about 40 percent.
In terms of product, Black (Gray) Cellular Glass is the largest segment, with a share over 80%. And in terms of application, the largest application is Cryogenic Systems, followed by Heat Transfer Fluid Systems, Chemical Processing Systems, Commercial Piping and Building, etc.
Global Foam Glass Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Foam Glass Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Black(Gray) Foam Glass
White Foam Glass
Others(Multicolor)

Segment by Application
Cryogenic Systems
Heat Transfer Fluid Systems
Chemical Processing Systems
Commercial Piping and Building
Others

By Company
Corning
GLAPOR
Earthstone
REFAGLASS
Zhejiang DEHO
Huichang New Material
YaHong
ZhenShen
Zhong Tai Tian Cheng
ShouBang
YongLi
Hebei Thermal Insulation
Hebei Baimei New Materials
Zhenghao Thermal Insulation Materials
Jiangsu Zhenghe
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina